The tax residency certificate in UAE is issued by the ministry of Finance in to individuals and companies for double taxation avoidance on income.
Double tax Avoidance Agreement
UAE has got double tax avoidance agreements (DTAA) with over 110 countries with an aim of improving cross border trade and investments. The agreement protects tax payers from paying from double taxes both directly and indirectly so that the exchange of services and commodities across the border are not affected.
How to get tax residency certificate in UAE?
All individuals as well companies based onshore and freezone can obtain a tax residency certificate provided they meet the following requirements.
For individuals
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Passport Copy
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Valid Residence Copy
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Certified Tenancy Contract / Title Deed
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Certified bank statement for at least 6 months during the required year
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Source of Income/Salary Certificate
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Immigration Report of residency (Exit & Entry report)
For Business
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Valid Trade License
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Certified Articles of establishment; incorporation; founding; institutionalizing or Memorandum of association
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Copy of identity card for the Company Owners or partners or directors
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Copy of passport for the Company Owners or partners or directors
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Copy of Residential Visa for the company owners or partners or directors
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Certified audited report
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Certified bank statement for at least 6 months during the required year
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Certified tenancy contract/title deed